Buyback agreement covers BAT stock through December 23

Published on 10/17/2026 at 11:22 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The buyback covers BAT stock from October 13. British American Tobacco says repurchased shares will be canceled by December 23, 2026.

Buyback terms and dates

British American Tobacco announced the buyback agreement on October 7, 2026.
The purchasing period runs from October 13 through December 23, 2026.
Shareholders authorized purchases of up to 217,492,219 shares at the 2026 annual meeting.

Trading-Floor mit großen Bildschirmen, Kursdiagrammen und dem Kürzel LSE im Hintergrund — British American Tobacco plc (GB0002875804) illustriert den Börsenhandel am Trading-Floor mit Kursdiagrammen, Illustration mit AI erstellt.

British American Tobacco p.l.c. announced on October 7, 2026, that it had agreed with Merrill Lynch International to purchase ordinary shares from October 13 through December 23, 2026. The announcement was issued through RNS, the London Stock Exchange's regulatory news service.

British American Tobacco said the repurchased shares will be canceled to reduce the company's share capital. Merrill Lynch will make its trading decisions independently of the company.

Chronology of the week

The October 7 announcement said shareholders had authorized the company at its 2026 annual meeting to purchase a maximum of 217,492,219 shares. The maximum price is determined under the parameters described in the announcement, including reference points based on the London Stock Exchange's Daily Official List and independent market trades.

Market context: Market report FTSE 100.